State Bank of India (SBI), India’s largest public sector bank, has launched the SBI Green Rupee Term Deposit (SGRTD) to promote environmental protection projects. This special fixed deposit (FD) scheme is available for different tenures and offers guaranteed returns with minimal risk.
🔹 Who Can Invest in SBI Green Rupee Term Deposit?
✅ Indian Citizens (Resident Individuals)
✅ Non-Resident Indians (NRIs) and NRO Account Holders
✅ Senior Citizens (with additional interest benefits)
🔹 SBI Green Rupee FD: Tenure & Interest Rates
SBI is offering this special FD for the following durations:
| Tenure | Interest Rate (Annual) |
|---|---|
| 1,111 Days | 6.65% |
| 1,777 Days | 6.65% |
| 2,222 Days | 6.40% |
📌 Senior Citizens Benefit: Senior citizens will receive higher interest rates.
📌 SBI Employees Benefit: Additional interest rates apply to existing SBI employees.
📌 NRI Senior Citizens & NRI Employees: Not eligible for additional interest.
🔹 How to Apply for SBI Green Rupee Term Deposit?
✅ Visit an SBI Branch (Currently available in branches)
✅ Soon Available on SBI YONO App & Internet Banking
✅ Application through Mobile Banking (Coming Soon)
🔹 Key Benefits of SBI Green Rupee FD
🌱 Supports Green Projects: Funds raised will be invested in environmentally friendly projects.
🔒 Safe & Secure: Backed by SBI, India’s largest government bank.
📈 Fixed Returns: A low-risk investment option with guaranteed interest.
🏦 Loan & Overdraft Facility: Available against this FD, like regular FDs.
📑 TDS Applicable: As per Income Tax rules (Fill Form 15G/15H if eligible).
🔹 Why Choose SBI Green Rupee FD?
✅ Safe Investment: Government-backed security
✅ Green Initiative: Supports environmental protection
✅ Stable Interest: Competitive returns for different tenures
✅ Senior Citizen Perks: Higher interest rates
💡 If you’re looking for a secure and stable investment option while contributing to a greener future, SBI Green Rupee Term Deposit is a great choice!
💬 Are you considering this special SBI FD scheme? Let me know your thoughts!
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